Shares of Revolution Acceleration Acquisition Corp (OTCMKTS:RAACU – Get Free Report) were up 5.5% on Thursday . The company traded as high as $9.99 and last traded at $9.91. Approximately 1,300 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 102,092 shares. The stock had previously closed at $9.39.
Revolution Acceleration Acquisition Price Performance
The stock has a 50-day moving average of $9.91 and a 200 day moving average of $9.91.
Revolution Acceleration Acquisition Company Profile
Revolution Acceleration Acquisition Corporation (OTCMKTS:RAACU) is a special purpose acquisition company (SPAC) incorporated in Delaware. The company was established to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on growth-oriented companies.
In October 2021, RAACU completed its initial public offering and deposited the net proceeds into a trust account pending the completion of a qualifying business combination.
See Also
- Five stocks we like better than Revolution Acceleration Acquisition
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
Receive News & Ratings for Revolution Acceleration Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolution Acceleration Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
